PyroGenesis FY25 net loss widens to $14.8 million; revenue drops 19.6% to $12.6 million
PyroGenesis Canada 0.00%
PyroGenesis Canada PYR | 0.38 | 0.00% |
- PyroGenesis fiscal 2025 net loss widened to $15 million; revenue fell 19.6% to $13 million.
- Q4 net loss swung to $5.2 million; revenue dropped 21% to $3.3 million.
- Q4 modified EBITDA loss expanded to $3.8 million; gross margin slid 24 percentage points to 17%.
- Revenue backlog stood at $48 million as of March 31, 2026, with 84% denominated in U.S. dollars.
- Management cited field results showing energy savings of up to 45% versus legacy diesel burners and 80% versus natural gas burners, while maintaining metal quality in aluminum furnace trials.
- Outlook: no specific revenue or net income guidance for 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PyroGenesis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603302300PRIMZONEFULLFEED9681418) on March 31, 2026, and is solely responsible for the information contained therein.
